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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Swedish Krona/Canadian Dollar (FOREX:SEKCAD)
Strong Downtrend (-100) - SEKCAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SEKCAD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SEKCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SEKCAD
The long-term trend has been DOWN since Nov 5th, 2024 at 0.12870200
The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 0.13035323
The short-term trend has been DOWN since Nov 19th, 2024 at 0.12773592
Smart Scan Analysis for SEKCAD
Based on our trend formula, SEKCAD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.12772961 | 0.12780819 | 0.12743898 | 0.12744313 | -0.00028600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.12772961 | 2024-11-20 03:52:19 |